Property details

Texas Storage Facility | Value-Add Through Vacancy, Southwest Region

Property Description

Texas Storage Facility | Value-Add Through Vacancy

Annual Revenue: 320,000

NOI: 8%

Building Square Feet 38,701

Land Area: 2 acres

Units: Approx. 325

Occupancy: Current 83%

Single Story

Managers Suite: NO

Traditional Storage: YES

Climate Controlled Storage: NO

Outdoor Storage: YES

Postal Operation: NO

Year Built: 2017 Opened November

T12 Available once CA is signed

T12 by month management summary report: Available

Unit occupancy report-current: Available



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Highlights

Status:
Available
Price:
$3,000,000
PSF:
$78
Cap Rate:
8.00%
 

Property Information

Building Size:
38,701 sq.ft.
Property Type:
Storage Properties
Industry Type:
Self Storage - Mini Storage
Units/Spaces:
325
Land Area:
2.00 acres
Purchase Tenure:
Fee Simple
 

Existing financing information

N/A

The information contained herein contains confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient will be prohibited. The information contained herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about the accuracy or completeness of the information. As a buyer, it is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this property to you depends on factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. We have no knowledge of this offering other than the information received from Seller or their representatives. We are neither your agent or an agent for the seller. We will not participate in the negotiation of the purchase price or attend the showing of this property. As a buyer, you will be required to indemnify us and hold us harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.